alokdaiya

BULLISH FORMATION IN GSPL

Long
alokdaiya Updated   
NSE:GSPL   GUJARAT STATE PETR
On the 1 Hour Chart of GSPL, we can witness a beautiful Bullish Reversal Pattern Formation of "Hammer" on the downside levels. Thereby, we are expecting a bullish momentum in the stock in the upcoming trading sessions. Moreover, the stock is being expected to initially face a resistance at the levels of 307.50, 310.50, and 315. In addition to this, the stock may face a support at the level of 297.45. Closing Price (as on 06.12.21) : 304.15


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Comment:
GSPL has successfully reached its predicted 1st level of resistance, reflecting an upmove of 1.20% approx. CMP - 307.45; High 308

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Regards,
Alok Daiya
SEBI Registered Research Analyst
INH000011468
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